Author: e_cash_top

[ad_1] Quick Take The fourth day of trading activity witnessed a striking upsurge in the aggregation of rolling net flows, escalating to a notable $1.2 billion, according to Eric Balchunas. This surge was primarily driven by the ‘Newborn Nine,’ a collective term for the emerging digital asset funds coined by Balchunas, which accrued a substantial…

[ad_1] Quick Take Bitcoin’s hash rate is currently experiencing a 6% dip from its all-time high of approximately 545 eh/s. On a 7-day moving average, it stands at around 513 eh/s. Hash Rate: (Source: Glassnode) This noticeable downturn can likely be attributed to the freezing temperatures in Texas leading to power adjustments, as Pierre Rochard,…

[ad_1] Quick Take Recently, there’s been a notable surge in activities from short-term holders (STHs), defined as investors who held Bitcoin for less than 155 days. On Jan. 12, CryptoSlate reported the most significant short-term holder activity since May 2021, with $6.1 billion in Bitcoin transferred. This massive transfer is primarily attributed to profit-taking as…

[ad_1] Former U.S. President Donald Trump vowed to prevent the introduction of a Central Bank Digital Currency (CBDC) if re-elected, according to a Jan. 17 speech in New Hampshire. Trump vehemently opposed the idea of a CBDC, labeling the currency as a potential tool for government tyranny and a means for the government to exert…

[ad_1] Two U.S. agencies announced on Jan. 16 that controversial transaction reporting rules do not apply to digital assets (ie. cryptocurrency). The Internal Revenue Service (IRS) and Department of the Treasury said: “Businesses … do not have to report the receipt of digital assets the same way as they must report the receipt of cash…

[ad_1] What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Oops…you must lock a minimum of 20,000 ACS If you don’t have enough, buy ACS…

[ad_1] Jamie Dimon, the CEO of JPMorgan, took aim at Bitcoin once again during an interview with CNBC at Davos 2024 on Jan. 17. Dimon expressed an unusual theory in which he suggested that Bitcoin (BTC) could be eliminated once its maximum supply is issued. He said: “I think there’s a good chance that ……

[ad_1] A court hearing between Coinbase and the U.S. Securities and Exchange Commission (SEC) took place on Jan. 17 concerning earlier charges. In June 2023, the SEC alleged that Coinbase illegally operated a unregistered national securities exchange, broker, and clearing agency and that its crypto staking service involved the unregistered sale and offering of securities.…

[ad_1] Crypto exchange Gemini has been registered as a Digital Asset Service Provider (DASP) in France by the l’Autorité des Marchés Financiers (AMF), the French financial markets regulator, according to a Jan. 17 statement. The registration would enable it to cater to retail and institutional customers in France. Moreover, the regulatory milestone would also grant…

[ad_1] In an exclusive interview with Colin Butler, Global Head of Institutional Capital at Polygon Labs, Butler brings a unique and informed perspective to the table, discussing various pivotal aspects shaping the future of blockchain and cryptocurrency. This interview explores the impact of traditional financial instruments like ETFs on the crypto market, the significant strides…